[Yaesu] Sugamo Toyomura FT-101 Y138,000 (Trivia for the day)

[AB2E Darrell]

Hi Carol and everyone,
Thanks for the interesting analysis! Actually, exchange rates are a little 
tricky, as my students will tell you. The exchange rate in July 1971 was 
Y357=$1. We need to adjust for effects of inflation since 1971 (CPI was 40.6 
in July 1971, and 183.30 in April 2003). This means that what cost $40.60 in 
July 1971 now costs $183.30, or about 4.5 times the cost in 1971 $. The 
actual price of the FT101 would be $1745.00.

Here's the details and relevant websites if anyone is interested.
http://www.swcollege.com/bef/econ_data/current_account/current_account_data.html

1971 015358.02       NA       NA
1971 025357.55  -1.564%       NA
1971 036357.52  -0.101%       NA
1971 049357.50  -0.067%       NA
1971 052357.41  -0.302%       NA
1971 062357.41   0.000%       NA
1971 073357.40  -0.034%       NA
1971 086355.78  -5.306%       NA
1971 092338.02 -45.908%       NA
1971 108331.11 -21.953%       NA
1971 117328.75  -8.226%       NA
1971 123320.07 -27.465%       NA


Y138,000= $386.55 in USD in July 1971 (the rate was stable the first half of 
the year).
Next we need to adjust the USD purchase value by finding out the CPI value 
to adjust for inflation in the US.

CPI Historical Data
http://research.stlouisfed.org/fred/data/cpi/cpiaucsl

Consumer Price Index For All Urban Consumers:
All Items
1982-84=100, Seasonally Adjusted
Source: U.S. Department of Labor, Bureau of Labor Statistics

   DATE    CPIAUCSL

1971.01        39.9
1971.02        39.9
1971.03        40.0
1971.04        40.1
1971.05        40.3
1971.06        40.5
1971.07        40.6
1971.08        40.7
1971.09        40.8
1971.10        40.9
1971.11        41.0
1971.12        41.1

The April 2003 CPI was 183.3. This means that what cost $100.00 in the base 
year of the index (1982) now takes $183.30 to buy. Going back to July 1971, 
we see the CPI adjusted backward from 1982 was 40.6, meaning it only cost 
$40.60 to purchase the same goods, which now cost $183.30.

OK, so if the FT101 cost us $386.55 in July 1971, adjusting for inflation 
into today’s dollars, the index has climbed from 40.6 to 183.3, or about 4.5 
times. This means the FT101 actually would cost us $1745.00 in today’s 
dollars, adjusted for inflation.

73 Darrell AB2E
Oyasuminasai (see ya later)


>From: Carol L Maher <w4clm.ham at juno.com>
>To: yaesu at contesting.com
>CC: kevin at stephentech.com, n1yn at hotmail.com, k9kxq at bellsouth.net, 
>g3lll at onetel.net.uk
>Subject: [Yaesu] Sugamo Toyomura FT-101  Y138,000 (Trivia for the day)
>Date: Wed, 28 May 2003 04:10:53 +0100
>
>Hey Guys,
>Now here's neat piece of trivia for the day.  I just acquired a Japanese
>copy of the December 1971 CQ Magazine in Japanese.
>Boy it's fun to look through that.  If you know where I can find
>any more of these, please let me know.
>
>In 1971 the FT-101 sold for 138,000 Yen.
>In todays dollars, I think we are looking at the current exchange rate
>of something like 113 Yen to the Dollar.  So if we were to buy the FT-101
>from Toyomura's in Tokyo at todays prices it would cost you
>$1,221.23 cents
>Y138000/113=  $1,221.23 in todays dollars.
>
>The FL-2100 Amplifier was Y79,800 Yen
>$706
>Y79800/113=  $706 in todays dollars
>
>The FV-101 VFO sold for Y19,500 Yen
>&
>The SP-101 Speaker sold for Y 4,300 Yen
>
>Maybe you had better take care of that old FT-101, it's going up in Value
>!!
>Hi Hi.
>73's
>Carol
>W4CLM
>_______________________________________________
>Yaesu mailing list
>Yaesu at contesting.com
>http://lists.contesting.com/mailman/listinfo/yaesu

_________________________________________________________________
Add photos to your e-mail with MSN 8. Get 2 months FREE*.  
http://join.msn.com/?page=features/featuredemail